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Do You Believe in the Earnings Potential of TIC Solutions (TIC)?
Yahoo Finance· 2026-01-07 15:03
Core Insights - Ave Maria Growth Focused Fund reported a return of 6.22% in Q3 2025, underperforming the S&P 500 Index's return of 8.12% and the S&P MidCap 400® Growth Index's return of 5.59% [1] Company Overview - TIC Solutions, Inc. (NYSE:TIC), formerly known as Acuren Corporation, is a provider of asset integrity services and rebranded in October 2025 [2] - As of January 6, 2026, TIC Solutions, Inc. stock closed at $10.51 per share, with a one-month return of 5.00% and a 52-week loss of 12.32% [2] - TIC Solutions, Inc. has a market capitalization of $2.325 billion [2] Investment Position - The Fund initiated a position in TIC Solutions, Inc., which is governed by the same team overseeing the Fund's largest holding, APi Group Corporation [3] - TIC Solutions recently acquired NV5 Global, enhancing its capabilities in non-destructive testing and engineering [3] - The company is expected to experience stable revenue growth, benefiting from industry trends related to aging infrastructure and generating ample free cash flow for further acquisitions [3] Hedge Fund Interest - TIC Solutions, Inc. was held by 40 hedge fund portfolios at the end of Q3 2025, a significant increase from 15 in the previous quarter [4] - The company reported revenue of $473.9 million in Q3 2025, indicating substantial year-over-year growth [4]